Total turnover on the Shanghai-Shenzhen markets on Aug 31 was 2.13 trillion yuan, rebounding from the four-plus-month low hit on Aug 26 but remaining below the 20-day moving average for the eighth straight day (20-day MA: 2.25 trillion yuan). The 20-day MA has been a reference level through August; turnover below it typically signals cooling market activity, while above it denotes rising activity.